Doing business in Cyprus
Commercial focus: what are the primary legal requirements and commercial regulations that general counsels should be well-versed in when establishing and conducting business operations in Cyprus?
Historically, Cyprus has played a unique role as a strategic and administrative centre in the Eastern Mediterranean and the greater Middle East. Continue reading “Doing business in Cyprus”
EMEA 2023 Legal 500 data: Saudi Arabia
Doing business in Saudi Arabia
Saudi Arabia, the Middle East’s largest economy, offers a wide range of economic prospects as a result of its Vision 2030, an ambitious plan that aims to diversify the nation’s economy and open its doors wider to international investors. Understanding sector-specific criteria and potential constraints is critical to those considering doing business in the Kingdom. Here’s a quick rundown of the main sectors: Continue reading “Doing business in Saudi Arabia”
Disregarding legal personality according to Brazilian Insolvency Law
Introduction
The separation of assets between a company and its related parties is a fundamental principle enshrined in both the Brazilian Civil Code and the Brazilian Insolvency Law (Federal Law No. 11,101/2005). However, according to article 50 of the Brazilian Civil Code, if there is an abuse of legal personality, demonstrated by misusing its purpose or mingling assets, the court (upon request from a party, or the Public Prosecutor’s Office when entitled to intervene) can disregard it. As a result, specific obligations can extend
to the personal assets of administrators or partners who directly or indirectly benefited from the abuse. Continue reading “Disregarding legal personality according to Brazilian Insolvency Law”
Weathering the storm: navigating competition challenges in an evolving market
Antitrust enforcement is shifting, with the competition world working under in a shadow of uncertainty. 2023 has brought with it a host of geopolitical challenges including the rising cost of living, the energy crisis and political instability. Against this backdrop, antitrust authorities, armed with greater resources and an increasingly interventionist attitude, have grown increasingly confident pursuing cases that may have been overlooked in previous years. These shifts have intensified unpredictability in merger reviews and expanded the scope of behaviour subject to antitrust enforcement rules. Continue reading “Weathering the storm: navigating competition challenges in an evolving market”
Under the lens: the rise of senior investigations
Driven by the coalescing forces of greater employee willingness to raise grievances, heightened interest from regulators and the desire of employers and shareholders to maintain company reputations and safe working environments, conduct investigations into senior employees are more common than ever before. Against this backdrop, it is crucial that in-house legal teams are aware of both when and how to run an investigation process, as well as the likely ramifications. Continue reading “Under the lens: the rise of senior investigations”
What’s on the agenda for HR departments in Poland? The latest and upcoming developments in Polish labour law
It has been a busy time for HR matters in Poland. The last few months have been marked by a number of significant changes in Polish labour law, with further legal developments on the horizon, which will generate even more work for HR departments in Poland in the upcoming months. Continue reading “What’s on the agenda for HR departments in Poland? The latest and upcoming developments in Polish labour law”
Before sunset – City restructuring partners on what businesses need to know in tough times
Inflation has been soaring and interest rates are at their highest level in years – throw geopolitical uncertainty, an energy crisis and strike activity into the mix and it’s clear why UK businesses are facing a challenging time. Continue reading “Before sunset – City restructuring partners on what businesses need to know in tough times”
Employment law in Cyprus
1. Can you provide guidance on the process for terminating an employment contract in Cyprus, including any legal requirements and potential risks?
For a dismissal to be considered lawful without the employee being entitled to compensation for unfair dismissal, one of the following reasons of dismissal must apply: Continue reading “Employment law in Cyprus”
Teleworking reform in Mexico
The employment relationships model designed after the industrial revolution was very successful for several years, building huge corporations that benefit to the growth of the employment rate and develop a well-educated and well-paid society. That didn’t mean that wealth and resources were distributed along the society. It was a model built by the big companies that set a notorious difference between the employer and employee in many ways. Another attribute of the employment relationship that began in the last century was that companies (no matter their business segment) enforced an industrial model of working, in which their employees must go to an office or any workplace to provide their services because working tools will be installed onsite, and the directions will be given in the same way.
Continue reading “Teleworking reform in Mexico”
Employment focus – Morocco
1. What are the key employment laws and regulations in Morocco that employers and employees should be aware of?
Both employers and employees are expected to be aware of their rights and obligations under a subordination relationship. One of the most important laws to be familiar with in this area is (i) Law no. 65-99 relating to the Labour Code (the ‘Labour Code’), which governs the relationship between employer and employee by setting out the rights and obligations applicable to both parties. Continue reading “Employment focus – Morocco”